v3.26.1
RESTRUCTURING ACTIVITIES (Tables)
12 Months Ended
May 31, 2026
RESTRUCTURING ACTIVITIES  
Schedule of restructuring plan expenses

Grocery &

Refrigerated

  ​ ​ ​

Snacks

  ​ ​ ​

& Frozen

  ​ ​ ​

International

  ​ ​ ​

Foodservice

  ​ ​ ​

Corporate

  ​ ​ ​

Total

Accelerated depreciation

$

43.9

$

47.7

$

$

$

$

91.6

Other cost of goods sold

14.3

10.6

1.9

26.8

Total cost of goods sold

58.2

58.3

1.9

118.4

Severance and related costs

12.7

9.7

6.4

0.3

26.5

55.6

Asset impairment (net of gains on disposal)

37.2

78.1

12.4

(0.4)

127.3

Contract/lease termination

2.4

0.9

0.3

0.3

3.9

Consulting/professional fees

0.5

0.6

12.3

13.4

Other selling, general and administrative expenses

25.0

10.3

0.9

1.3

37.5

Total selling, general and administrative expenses

77.8

99.6

20.0

0.3

40.0

237.7

Total

$

136.0

$

157.9

$

21.9

$

0.3

$

40.0

$

356.1

Pension and postretirement non-service income

0.6

Consolidated total

$

356.7

Grocery &

Refrigerated

  ​ ​ ​

Snacks

  ​ ​ ​

& Frozen

  ​ ​ ​

International

  ​ ​ ​

Corporate

  ​ ​ ​

Total

Accelerated depreciation

$

0.5

$

$

$

$

0.5

Other cost of goods sold

2.2

1.1

3.3

Total cost of goods sold

2.7

1.1

3.8

Severance and related costs

0.8

10.6

11.4

Asset impairment (net of gains on disposal)

12.0

(6.9)

0.1

(0.4)

4.8

Contract/lease termination

0.4

0.2

0.6

Consulting/professional fees

5.5

5.5

Other selling, general and administrative expenses

5.5

0.5

0.2

6.2

Total selling, general and administrative expenses

17.9

(6.4)

0.9

16.1

28.5

Total

$

20.6

$

(5.3)

$

0.9

$

16.1

$

32.3

Grocery &

Refrigerated

  ​ ​ ​

Snacks

  ​ ​ ​

& Frozen

  ​ ​ ​

International

  ​ ​ ​

Foodservice

  ​ ​ ​

Corporate

  ​ ​ ​

Total

Accelerated depreciation

$

43.9

$

47.7

$

$

$

$

91.6

Other cost of goods sold

14.3

10.6

2.0

26.9

Total cost of goods sold

58.2

58.3

2.0

118.5

Severance and related costs

12.7

9.7

6.4

0.3

26.4

55.5

Asset impairment (net of gains on disposal)

37.2

78.1

12.4

(0.4)

127.3

Contract/lease termination

2.4

0.9

0.3

0.3

3.9

Consulting/professional fees

0.5

0.6

10.6

11.7

Other selling, general and administrative expenses

24.5

9.3

0.8

1.4

36.0

Total selling, general and administrative expenses

77.3

98.6

19.9

0.3

38.3

234.4

Total

$

135.5

$

156.9

$

21.9

$

0.3

$

38.3

$

352.9

Pension and postretirement non-service income

0.6

Consolidated total

$

353.5

Schedule of liabilities recorded for the conagra restructuring plan and changes

Costs

Balance at

Incurred

Costs Paid

Balance at

May 25,

and Charged

or Otherwise

Changes in

May 31,

2025

to Expense

Settled

Estimates

2026

Severance and related costs

$

14.6

$

15.2

$

(13.5)

$

(2.2)

$

14.1

Contract/lease termination

0.6

(0.6)

Consulting/professional fees

5.5

(3.7)

1.8

Other costs

2.8

12.7

(9.6)

5.9

Total

$

17.4

$

34.0

$

(27.4)

$

(2.2)

$

21.8